Criterion-Related Validity Is the Extent to Which a Selection Instrument

question 32

True/False

Criterion-related validity is the extent to which a selection instrument, such as a test, samples the knowledge and skills needed to perform the job.

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Definitions:

Total Return

The overall return on an investment over a certain period, accounting for both capital gains and dividends or interest.

British Securities

Financial instruments such as stocks, bonds, or other investment vehicles, traded or available in the UK market.

U.S. Dollars

The official currency of the United States, widely used as a benchmark and reserve currency worldwide.

Risk-Free Rate

The theoretical return of an investment with zero risk, often represented by U.S. government bonds.